Moultrie County Real Estate and Livability Trends
Moultrie County, Illinois, has experienced steady growth in median home values from $100,900 in 2015 to $116,400 in 2022, remaining relatively affordable compared to state and national averages. During the same period, real estate taxes have significantly increased, indicating upward pressure on property values and possibly enhanced local amenities. Mortgage activity increased for principal... Read more
Moultrie County Market Trends
Moultrie County, Illinois has seen a steady increase in median home values from $100,900 in 2015 to $116,400 in 2022, though it remains more affordable compared to the state and national averages of $239,100 and $179,400, respectively. Average residential energy tax credits have fluctuated significantly, peaking at $935.71 in 2021, possibly indicating a growing interest in energy-efficient home... Read more
Median Value of Occupied Housing Units in Moultrie County, Illinois Over the Last 8 Years
Moultrie County, Illinois has seen a gradual yet consistent increase in median home values over the past eight years, from $100,900 in 2015 to $116,400 in 2022. While this is a steady climb, it still lags behind Illinois and national averages, indicating potentially more affordable options for prospective buyers. In 2022, the median value in Illinois was $239,100 and the national average was $179,400, making Moultrie County an attractive option for those looking to get more value for their money in a slower-to-appreciate market.
Residential Energy Tax Credit Per Tax Return in Moultrie County, IL Over the Last 8 Years
Moultrie County, Illinois has shown noticeable fluctuations in the average residential energy tax credit per tax return over the past eight years, peaking at $935.71 in 2021. The trend highlights a significant increase from the low of $400.00 seen in 2016 and 2017. This data could pique the interest of appraisers, real estate agents, and potential buyers looking to understand the economic benefits of energy-efficient homes in the area. For investors and insurance agents, the rising credits might denote a growing homeowner emphasis on sustainable upgrades, signaling long-term property value enhancements and risk mitigation.
Average Real Estate Taxes Per Tax Return in Moultrie County, IL Over the Last 10 Years
Over the past decade, Moultrie County, Illinois has experienced a consistent rise in average real estate taxes per tax return, increasing from approximately $3,144.78 in 2012 to roughly $5,094.74 in 2021. This trend may suggest an upward pressure on property values and possibly reflect enhanced local amenities or escalating municipal expenses. For potential investors, this could indicate a matured or maturing market, while homeowners and insurance agents might want to consider this steady climb in taxation when estimating long-term costs. For those involved in appraisals or real estate, understanding this progression helps in accurately assessing property value shifts and advising clients accordingly.
Percentage of Farm Returns in Moultrie County, IL Over the Last 10 Years
Moultrie County, Illinois has experienced a subtle downward trend in the percentage of farm tax returns over the past decade, starting from about 7.04% in 2012 to around 5.90% in 2021. Farm tax returns are essential for understanding the financial landscape of agricultural activities within the county; they influence decisions on investments, property developments, and economic growth strategies. This data may signal shifts in the local economy, possibly affecting land prices and investment opportunities, making it a critical factor for anyone interested in the region.
Number of Mortgages by Occupancy Type in Moultrie County, IL Over the Last 5 Years in Moultrie County
Moultrie County, Illinois has seen fluctuations in mortgage activity over the past five years, particularly notable in the increase in mortgage counts for principal residences, which peaked in 2020 and 2021 before declining in 2022. Investment property mortgages, on the other hand, have shown a steady decline. These trends could suggest variances in the local real estate market and economic conditions, affecting everything from property values to insurance premiums. For investors and developers, the slowing growth in investment properties might signify caution, while the previously high demand for principal residences could indicate strong home-buying interest, relevant for real estate agents and appraisers. Second residences have remained a small fraction of the market but saw a slight uptick in 2019 and 2020, which might hint at buyer preferences during those years.
Economic Outlook
In Moultrie County, Illinois, average taxable incomes have generally risen over the past nine years, climbing from $53,390.73 in 2013 to $73,629.05 in 2021. There were significant jumps from 2016 onwards, peaking sharply between 2020 and 2021. Likewise, state and local income taxes have more than doubled in the last decade, surging from $6,220.16 in 2012 to $18,468.42 in 2021, particularly spiking after 2017. Average total tax liabilities also saw notable fluctuations, peaking at $11,198.50 in... Read more
Average Taxable Income per Tax Return in Moultrie County, IL over the last 9 years
Over the past nine years in Moultrie County, Illinois, average taxable income per tax return has generally risen, starting from $53,390.73 in 2013 to $73,629.05 in 2021. Notable jumps occurred from 2016 onward, with a significant spike between 2020 and 2021. Prospective investors might find these trends indicative of a potentially resilient or growing local economy.
Average State and Local Income Taxes Per Tax Return in Moultrie County, IL Over the Last 10 Years
State and local income taxes per tax return in Moultrie County, Illinois have seen a significant rise over the past decade, jumping from around $6,220.16 in 2012 to $18,468.42 in 2021. This sharp increase, especially noticeable from 2017 onwards, highlights potential shifts in the county's economic landscape and fiscal policies. Prospective investors, new residents, and property developers should take note of this trend as it could affect financial planning and cost of living considerations in the area.
Average Total Tax Liability Per Tax Return in Moultrie County, IL Over the Last 10 Years
In Moultrie County, Illinois, the average total tax liability per tax return has shown notable fluctuations over the last decade. Tax liabilities peaked in 2021 at $11,198.50, showing a significant increase from the low of $8,346.95 in 2018. There was a noticeable upward trend post-2016, hitting new highs particularly in 2020 and 2021. These shifts may be relevant for potential investors or residents assessing the financial landscape, indicating changes in income levels or tax policies.
Cost of Living in Moultrie County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,100 | $1,279 | $2,409 | $1,058 | $1,338 |
| 1 adult 4 children | $1,100 | $1,044 | $1,846 | $1,058 | $1,390 |
| 2 adults 3 children | $1,100 | $1,045 | $2,088 | $1,058 | $1,103 |
| 1 adult 3 children | $1,100 | $853 | $1,525 | $1,058 | $1,133 |
| 2 adults 2 children | $774 | $855 | $1,767 | $959 | $941 |
| 1 adult 2 children | $774 | $639 | $1,204 | $959 | $846 |
| 2 adults 1 child | $774 | $676 | $1,446 | $640 | $908 |
| 1 adult 1 child | $774 | $437 | $884 | $640 | $729 |
| 2 adults | $589 | $543 | $1,126 | $0 | $713 |
| 1 adult | $531 | $296 | $563 | $0 | $566 |
Demographics
Moultrie County, Illinois, shows a slight female majority in its adult population. The educational attainment data indicates a predominant high school graduate level, with fewer residents attaining graduate degrees. The age distribution reveals a relatively balanced spread, though older age brackets are slightly more populous. Racial demographics reflect a significant White majority, with minimal representation from other racial groups. This mix suggests a community with moderate educational... Read more
Race Distribution in Moultrie County, Illinois (2022)
Educational Attainment in Moultrie County, Illinois (2022)
Age Distribution in Moultrie County, Illinois
Citizen Population in Moultrie County, Illinois (2022)
Political Trends & Data
Moultrie County, Illinois, shows a stark Republican preference in the 2020 U.S. Presidential Election, with over 73% of the votes going to the Republican candidate and nearly 25% to the Democrat. Minor parties, including Libertarians and Greens, attracted less than 2%, suggesting a challenging environment for third-party candidates and underscoring the two-party dominance in rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Moultrie County, Illinois, displays a notable trend of Republican dominance in the 2020 U.S. Presidential Election, possibly reflecting broader regional political leanings. The Republican candidate garnered over 73% of the vote, compared to nearly 25% for the Democrat, indicating a strong conservative preference. Minor parties like the Libertarians and Greens collectively attracted less than 2% of the vote, suggesting limited appeal. This pattern might highlight the challenges for non-major party candidates in rural counties and point to the entrenched two-party system’s influence in these areas.
73.61% of voters voted for the Republican party in the 2020 Presidential Election
24.64% of voters voted for the Democrat party in the 2020 Presidential Election
1.29% of voters voted for the Livertarian party in the 2020 Presidential Election
0.36% of voters voted for the Green party in the 2020 Presidential Election
0.10% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Moultrie County, Illinois has fluctuated over the past nine years, peaking at 17 students per teacher in 2015 and 2017 but stabilizing around 14 more recently, aligning with the national average. This variation might affect educational quality perceptions, which can influence decisions by potential movers, appraisers, and investors. Lower ratios might suggest personalized attention in classrooms, a key consideration for families, while higher ratios could... Read more
Student-to-teacher ratio in Moultrie County, Illinois over the last 9 years
The student-to-teacher ratio in Moultrie County, Illinois has seen fluctuations over the past nine years, with notable increases in 2015 and 2017 where it reached as high as 17 students per teacher. However, recent years show ratios stabilizing around 14, which is close to the current national average of 14 students per teacher. This variation could have implications for educational quality, affecting decisions for potential movers, appraisors, and investors. Lower ratios might suggest more personalized attention in classrooms, which is a significant consideration for families evaluating educational quality while higher ratios may indicate a strain on educational resources, potentially impacting property values and insurance assessments.
